02/15/2024
Close Brothers halts dividends amid 'uncertainty' over FCA motor finance review
Potential reinstatement in 2025
Wealth and Asset Management
02/14/2024
JPMorgan Global welcomes keen wealth manager with £40m share issue
Update: Defying last year's investment company bear market to see its shares trade at a small premium, top-performing JPMorgan Global Growth & Income launches a fundraise.
02/14/2024
Ray Soudah: «External Asset Managers Are to Blame»
But consolidation has not happened at the rate expected, surprising advisers and regulators alike.
02/14/2024
Successful St.Galler Kantonalbank: more profits, higher dividends
The St.Galler Kantonalbank expects earnings for the 2024 financial year to be at the same level as the previous year.
02/14/2024
Deutsche Bank announces set-up for advising UHNW clients in its home market
Looking ahead, Deutsche Bank will serve its UHNW clients in Germany
02/14/2024
M&G Wealth launches adviser tool ahead of LTA abolition
The tool can easily recognise whether allowances are higher under default or certificate rules.
02/14/2024
Abrdn shareholder sold out after ‘losing confidence’ in management: reports
The business has also restructured, closed or merged more than 250 of its investment funds.
02/13/2024
Objectway named as a Strong Performer in analyst report on Digital Wealth Management Platforms
Objectway has been positioned as a Strong Performer in “The Forrester Wave™: Digital Wealth Management Platforms, Q1 2024” .
02/13/2024
Carlyle to launch new European Private Credit strategy for private wealth investors
The strategy is designed to generate income by tactically allocating assets to a wide range of credit strategies
02/13/2024
Seeking Alpha: UBS's top gatekeeper sets sights on 'niche' fixed income
With the growth of the active ETF wrapper, Kristen Griffin is thinking about how to bring non-standard parts of the fixed income market to the wealth channel.
02/13/2024
JP Morgan Global Growth & Income launches up to £40m fundraise amid wealth manager demand
0.6% premium to NAV
02/12/2024
Four prizes for Lombard Odier at the WealthBriefing Swiss Awards 2024, including Best Domestic Private Bank
The accolades recognise our banking expertise and the strength of our cutting-edge technologies in serving our clients.
02/12/2024
Monthly update: Markets continue positive performance
Despite a shaky start to the year, strong market data and rallying technology sector grew investor confidence.
02/12/2024
JM Finn shortlisted for 3 City of London Wealth Management 2024 Awards
Nominations follow the firm’s win for the Best Discretionary Wealth Management Award in 2023.
02/12/2024
Comco report on the CS takeover takes a victory lap
This has now apparently resulted in delays in publication.
02/12/2024
SJP remains ‘active advocate’ despite passive move
Pressure on fees has raised the prospect of a move into lower-cost funds, but SJP says it is still an advocate for active investing.
02/12/2024
UBS Restarts Buyback as Ermotti Slogs Through ‘Pivotal’ Year
Expenses related to the integration in the final three months of 2023 helped push the bank to its second-straight quarterly loss.
02/12/2024
Amundi Buys Swiss Firm in €350 Million Private Markets Push
Amundi expects the deal to generate more than 13% in return on investment in three years, including revenue synergies.
02/12/2024
Julius Baer's private debt write-off splits investor opinions
BRUSSELS: A significant chunk of European fund buyers are still planning to top up their private debt allocations in coming months.
02/12/2024
Natwest’s margins in focus as lender gears up for year of big changes
Investors will be focused on how resilient banks’ margins are in the face of a highly competitive market for deposits and mortgages.